{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-017072","form_type":"8-K","ticker":"FLNT","cik":"0001460329","company_name":"Fluent, Inc.","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.495103+00:00","generated_at":"2026-06-01T22:53:56.469500+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Fluent Q1 revenue down 15% YoY to $66M; adjusted EBITDA positive at $0.7M","bullets":["Revenue $66.0M (-15% YoY); net loss $6.3M ($0.45/share) vs net loss $31.9M in Q1 2023.","Gross profit (excl D&A) $18.6M (28% of revenue), improved margin; Media margin $22.1M (+1% YoY).","Adjusted EBITDA $0.7M positive (1.0% of revenue); adjusted net loss $4.2M ($0.30/share).","CEO cites softness in owned markets due to macro and FTC consent order; expects stabilization in H2.","$10M equity investment from founders, largest shareholder, and CEO reduces credit facility dependence."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-017072","json":"https://secwatch.observer/filing/0001437749-24-017072.json","markdown":"https://secwatch.observer/filing/0001437749-24-017072.md","text":"https://secwatch.observer/filing/0001437749-24-017072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1460329/000143774924017072/0001437749-24-017072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1460329/000143774924017072/flnt20240301_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T22:53:56.469500+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a6441cf6734cf692131f6752258f0bc389982790","claim":"Fluent, Inc. reported first quarter ended March 31, 2024 results: revenue Revenue of $66.0 million, net income Net loss of $6.3 million, EPS $0.45 per share.","evidence_excerpt":"such filing. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 ex_633428.htm EXHIBIT 99.1 ex_633428.htm Exhibit 99.1 Fluent Announces First Quarter 2024 Financial Results • Revenue of $66.0 million for Q1 2024 • Net loss of $6.3 million for Q1 2024 • Gross profit (exclusive of depreciation and amortization) of $18.6 million for Q1 2024 • Media margin of $22.1 million for Q1","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1460329/000143774924017072/0001437749-24-017072-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"Revenue of $66.0 million"},{"label":"Net income","value":"Net loss of $6.3 million"},{"label":"EPS","value":"$0.45 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}